Fixed assets roadmap [AX 2012]

Updated: November 24, 2014

This topic is a roadmap to additional information about Fixed assets in Microsoft Dynamics AX. It includes links to information about how to get started, configure, and use Fixed assets and information on which modules integrate with Fixed assets.

Fixed assets are items of value, such as buildings, vehicles, land, and equipment, that are owned by an individual or organization. You can set up and enter acquisition information for fixed assets, and then manage them by depreciating them and setting a capitalization threshold to determine depreciation. You can calculate adjustments to the fixed assets, and also dispose of them.

When you use General ledger together with Fixed assets, you can view the current value of all fixed assets. The way in which fixed assets are handled must correspond to both international accounting standards and the accounting legislation in each country/region. Requirements might include rules for recording acquisition and disposal transactions, depreciation, lifetimes, and write-ups and write-downs of fixed assets. The Fixed assets functionality incorporates many of these standards and rules.

You can set up the integration between Fixed assets and Accounts payable to automatically create fixed assets from purchase orders or vendor invoices, or automatically post acquisition and acquisition adjustment transactions for fixed assets.

Calculate and post depreciation for all fixed assets in a single operation. Depreciation is calculated for fixed assets that have a status of Open for periods in which depreciation has not yet been posted.